BJ’s Restaurants (NASDAQ:BJRI) Stock Rating Upgraded by Wall Street Zen

BJ’s Restaurants (NASDAQ:BJRI) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a research note issued on Saturday, Wall Street Zen reports.

Other equities research analysts also recently issued reports about the company. Citigroup lowered their target price on BJ’s Restaurants from $75.00 to $70.00 and set a “neutral” rating for the company in a report on Friday, October 23rd. Weiss Ratings upgraded BJ’s Restaurants from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, October 2nd. DA Davidson set a $65.00 price target on BJ’s Restaurants in a report on Friday, July 31st. William Blair raised shares of BJ’s Restaurants from a “market perform” rating to an “outperform” rating in a research report on Friday, July 17th. Finally, Mizuho upgraded shares of BJ’s Restaurants from a “neutral” rating to an “outperform” rating and lifted their price objective for the company from $74.00 to $76.00 in a research note on Thursday, October 1st. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $62.00.

BJ’s Restaurants Stock Performance

Shares of BJRI opened at $55.67 on Friday. The company has a current ratio of 0.02, a quick ratio of 0.22 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $1.18 billion, a P/E ratio of 26.64, a price-to-earnings-growth ratio of 1.67 and a beta of 1.46. The firm’s fifty day simple moving average is $60.18 and its two-hundred day simple moving average is $51.29. BJ’s Restaurants has a 12 month low of $33.36 and a 12 month high of $74.60.

BJ’s Restaurants (NASDAQ:BJRI) last issued its quarterly earnings results on Thursday, November 5th. The restaurant operator reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.17 by $0.16. The firm had revenue of $358.63 million during the quarter, compared to the consensus estimate of $346.68 million. BJ’s Restaurants had a return on equity of 14.17% and a net margin of 3.13%. The business’s revenue was up 8.6% compared to the same quarter last year. During the same period last year, the business posted $0.04 EPS. As a group, analysts predict that BJ’s Restaurants will post 2.38 EPS for the current year.

Insider Activity at BJ’s Restaurants

In other BJ’s Restaurants news, Director C Richmond bought 500 shares of the stock in a transaction that occurred on Wednesday, September 2nd. The shares were bought at an average price of $61.05 per share, for a total transaction of $30,525.00. Following the acquisition, the director directly owned 36,500 shares of the company’s stock, valued at approximately $2,228,325. The trade was a 1.39% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On BJ’s Restaurants

A number of hedge funds have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its stake in shares of BJ’s Restaurants by 25.2% in the third quarter. Russell Investments Group Ltd. now owns 42,884 shares of the restaurant operator’s stock worth $2,457,000 after purchasing an additional 8,623 shares during the last quarter. Maryland State Retirement & Pension System bought a new position in shares of BJ’s Restaurants in the third quarter valued at approximately $268,000. Lisanti Capital Growth LLC purchased a new position in shares of BJ’s Restaurants during the third quarter valued at approximately $3,658,000. Illinois Municipal Retirement Fund boosted its position in shares of BJ’s Restaurants by 3.9% during the third quarter. Illinois Municipal Retirement Fund now owns 11,348 shares of the restaurant operator’s stock valued at $650,000 after buying an additional 428 shares during the last quarter. Finally, Pictet Asset Management Holding SA purchased a new position in shares of BJ’s Restaurants during the third quarter valued at approximately $215,000. Institutional investors and hedge funds own 99.95% of the company’s stock.

More BJ’s Restaurants News

Here are the key news stories impacting BJ’s Restaurants this week:

• Positive Sentiment: Q3 revenue rose 8.6% year over year to $358.6 million, exceeding estimates of about $346.7 million. Adjusted earnings were $0.33 per share, above analyst forecasts of $0.14–$0.17 and up from $0.04 a year earlier. BJ’s Restaurants Q3 2026 results
• Positive Sentiment: Comparable restaurant sales increased 8.1%, and the company raised its fiscal 2026 financial guidance—signs of solid demand and improved expectations for the year. BJ’s Restaurants Q3 2026 results
• Neutral Sentiment: BJ’s introduced a seasonal holiday menu, including new steakhouse-inspired dishes and a returning Biscoff Pizookie. The launch may support seasonal traffic, though its financial impact is not yet known. BJ’s holiday menu announcement
• Negative Sentiment: Despite the earnings beat and raised outlook, BJRI shares declined. The available report highlights the contrast but does not identify a specific cause for the weak share reaction. BJ’s Restaurants falls despite strong Q3 results

BJ’s Restaurants Company Profile

BJ’s Restaurants, Inc (NASDAQ: BJRI) operates and develops casual dining restaurants under the BJ’s Restaurant & Brewhouse brand. Its restaurants offer a broad menu centered on deep-dish pizza, along with appetizers, salads, sandwiches, burgers, entrees, desserts and other American-style dishes.

The company is also known for producing and serving craft beer, including its proprietary BJ’s beers, at many of its locations. Its restaurants typically combine full-service dining with a brewery-inspired atmosphere and offer dine-in, takeout, delivery and catering services, depending on the location.

BJ’s traces its origins to 1978, when the first restaurant opened in Southern California.